Low credit card usage, and increasing popularity of eCommerce coupled with a growing middle class in China have accelerated the growth of mobile payments in the country. China has also seen an increase in cross-border payment transactions, primarily due to…
Frost & Sullivan has signed a Memorandum of Understanding with the Seoul Metropolitan Government (SMG) to support activities such as commercialization, investment promotion, support for advancement of Fintech startups into the global market. The formal…
Vietnam and Indonesia are tipped to become the largest Southeast Asian eCommerce markets within the next five years. Stunning growth in both markets is predicted in a report by global research company Frost & Sullivan which expects the broader region’s…
Southeast Asia eCommerce revenues are projected to exceed US$25 billion by 2020, according to new research by growth partnership company Frost & Sullivan. Despite acquisitions, market exits and many online retailers struggling to achieve profitability, the…